---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "south_america", "legal"]
aliases: ["CL", "CHL"]
created: 2026-09-05
updated: 2025-09-01
compile_into: ["[[country--chile]]"]
sources:
  - name: "CMF Chile"
    url: "https://www.cmfchile.cl"
    type: "official"
  - name: "SII - Preguntas frecuentes criptomonedas"
    url: "https://www.sii.cl/preguntas_frecuentes/criptomonedas/001_250_7873.htm"
    type: "official"
  - name: "SII - Guia Practica de Declaracion de Renta 2026"
    url: "https://www.sii.cl/servicios_online/renta/guia_practica_renta_2026.pdf"
    type: "official"
  - name: "taxsummaries.pwc.com"
    url: "https://taxsummaries.pwc.com/quick-charts/corporate-income-tax-cit-rates"
    type: "reference"
---

# 🇨🇱 [[country--chile|Chile]] (CL): Crypto Regulation

> Chile has a clear regulatory framework for crypto under Ley Fintech 21,521 (2023) and NCG 502 (2024), with financial service providers required to register with the Comisión para el Mercado Financiero (CMF). The CMF actively supervises and issues warnings about unauthorized crypto entities.

## Overview

| Field | Value |
|-------|-------|
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Enforcement Level | Moderate |
| Region | [[domain--south-america|south america]] |
| Currency | [[entity--clp|CLP]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | Taxed as ordinary income under the Global Complementary Tax at progressive rates up to 40% |
| Capital Gains (Corporate) | 27% First Category Tax (25% under the Pro-Pyme regime) |
| VAT on Crypto | No |

Gains on the sale of crypto by individuals are taxed as income under the Global Complementary Tax (progressive up to 40%), or Additional Tax for non-residents, with acquisition cost adjusted for CPI. Companies pay First Category Tax (27% general regime) on crypto gains.

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--cmf|CMF]] |
| Framework | Ley Fintech 21,521 |
| Ease | medium |
| Cost | $15,000 - $100,000 |
| Timeline | 3-12 months |

Crypto service providers must register with the CMF under the Ley Fintech framework. The process is formal but accessible.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | No |
| FATF Status | compliant |

## DeFi

**Status:** regulated

DeFi activities fall under the regulatory scope of the Ley Fintech and CMF supervision, requiring compliance with financial regulations.

## Stablecoins

**Status:** regulated

Stablecoins are regulated under the Ley Fintech framework and subject to CMF oversight as financial instruments.

## NFTs

**Status:** no_rules

No NFT-specific regulation.

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.092/kWh |
| Renewable Energy | 35% |
| Climate | temperate |
| Infrastructure | good |

Mining is legal and benefits from moderate electricity costs and a growing renewable energy mix. Infrastructure is adequate for mining operations.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | stable |
| Sanctions | No |
| Corruption Index | 67/100 |
| Ease of Business | easy |
| Internet Freedom | free |
| Banking Access | open |
| Sanctions Programs Active | No |

## Enforcement

CMF implementing Fintech Law. SII pursuing crypto tax compliance.

## CBDC

| Field | Value |
|-------|-------|
| Status | research |
| Name | Chile CBDC |
| Authority | Central Bank of Chile |
| Type | retail |

## FAQ

### Is cryptocurrency legal in Chile?

Chile has a clear regulatory framework for crypto under Ley Fintech 21,521 (2023) and NCG 502 (2024), with financial service providers required to register with the Comisión para el Mercado Financiero (CMF). The CMF actively supervises and issues warnings about unauthorized crypto entities.

### What is the FATF status of Chile?

Chile is classified by FATF as: compliant.

### Are VASPs licensed in Chile?

Yes, licensing is required for VASPs.

### What is the AML/KYC regime in Chile?

KYC is mandatory for crypto businesses.

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-09-05.*

**Sources:**
- [CMF Chile](https://www.cmfchile.cl)
- [SII - Preguntas frecuentes criptomonedas](https://www.sii.cl/preguntas_frecuentes/criptomonedas/001_250_7873.htm)
- [SII - Guia Practica de Declaracion de Renta 2026](https://www.sii.cl/servicios_online/renta/guia_practica_renta_2026.pdf)
- [taxsummaries.pwc.com](https://taxsummaries.pwc.com/quick-charts/corporate-income-tax-cit-rates)